Soroco Baseball Softball

Analysis

Soroco Baseball Softball is a registered charity in United States, based in Oak Creek, CO. It received its IRS tax-exemption ruling in June 2015, 11 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Soroco Baseball Softball reported income of $58k and spending of $61k, spending 106% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $73k to $58k (-21%), an average of -21% a year. The sharpest change came in the year to December 2023, when income dropped by 21%. Over the whole period it spent 90% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Soroco Baseball Softball sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 19th percentile within CO. Charities of a similar size with the same main cause include South Run Swim Team ($58k), Ripon Community Swim Team Inc ($58k) and Cleveland Archery Club Inc ($58k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $79k against liabilities of $3,500, net assets of $76k.